2001 Annual Report to Members
PUBLIC SERVICE PENSION PLAN
Statement of Changes in Net Assets
Available for Benefits for
the Year
Ended December 31, 2001
|
2001 |
2000 |
|
($000's) |
($000's) |
| Increase in assets |
|
|
| Investment Income |
$
57,459 |
$
45,997 |
| Gain on sale of investments including changes in market |
|
|
| value |
(71,431) |
75,047 |
|
(13,972) |
121,044 |
|
Contributions |
|
|
| - employee |
57,127 |
52,312 |
| - employer |
56,916 |
51,691 |
| - special contributions |
40,000 |
40,000 |
|
154,043 |
144,003 |
|
|
|
| Total increase in assets |
140,071 |
265,047 |
|
Decrease in assets |
|
|
| Pensions |
119,186 |
111,255 |
| Refunds of contributions |
9,449 |
9,475 |
| Administrative costs |
5,346 |
5,247 |
| Total decrease in assets |
133,981 |
125,977 |
|
Increase in net assets |
6,090 |
139,070 |
| Net assets available for |
|
|
| benefits at beginning of year |
1,463,865 |
1,324,795 |
|
Net assets available for |
|
|
| benefits at end of year |
$1,469,955 |
$1,463,865 |
|
|
|
(Audited) |
|
